Shipwaves Online IPO lot size and price band
The Shipwaves Online IPO lot size is 10000 shares. At the upper price band of ₹12, one lot costs ₹1,20,000: that is the minimum investment.
A retail application can be for 1 lot only (up to ₹1,20,000, under the ₹2 lakh retail limit). HNI (NII) applications start at 2 lots (₹2,40,000), and big HNI above ₹10 lakh at 9 lots.
Shipwaves Online IPO: how many shares to bid for
The smallest and largest bid in each category, at the upper price band. Enter the number of shares (or lots) shown.
| Category | Minimum bid | Maximum bid |
|---|---|---|
| Retail (up to ₹2 lakh) | 10000 shares (1 lot), ₹1,20,000 | 10000 shares (1 lot), ₹1,20,000 |
| Small HNI (₹2 lakh to ₹10 lakh) | 20000 shares (2 lots), ₹2,40,000 | 80000 shares (8 lots), ₹9,60,000 |
| Big HNI (above ₹10 lakh) | 90000 shares (9 lots), ₹10,80,000 | no upper limit |
Shipwaves Online IPO amount by number of lots
At the upper price band. Retail covers bids up to ₹2 lakh, small HNI above ₹2 lakh up to ₹10 lakh, big HNI above ₹10 lakh.
| Lots | Shares | Amount | Category |
|---|---|---|---|
| 1 | 10000 | ₹1,20,000 | Retail |
| 2 | 20000 | ₹2,40,000 | Small HNI |
| 3 | 30000 | ₹3,60,000 | Small HNI |
| 4 | 40000 | ₹4,80,000 | Small HNI |
| 5 | 50000 | ₹6,00,000 | Small HNI |
| 6 | 60000 | ₹7,20,000 | Small HNI |
| 8 | 80000 | ₹9,60,000 | Small HNI |
| 9 | 90000 | ₹10,80,000 | Big HNI |
What lot size and price band mean
The lot size is the smallest number of shares you can bid for, and bids go up in whole lots. The price band is the range within which you can bid; most IPOs end up priced at its top.
Retail applicants can bid at the cut-off price, which means accepting whatever the final price is. The amount blocked is calculated at the top of the band.
Questions
What is the Shipwaves Online IPO lot size?
10000 shares per lot.
What is the minimum investment in the Shipwaves Online IPO?
₹1,20,000: one lot of 10000 shares at the upper price band.
How many lots can a retail investor apply for in Shipwaves Online?
Up to 1 lot (₹1,20,000); one more lot would pass the ₹2 lakh retail limit.
What is the minimum HNI application in Shipwaves Online?
2 lots, ₹2,40,000.
What is the Shipwaves Online IPO price band?
₹12.
Learn more
- Lot size and price band explained
- How many lots to apply for
- The cut-off price
- What is the HNI category?
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Track your family’s Shipwaves Online applications free — allotment checked at the registrar and emailed to you.
Information, not investment advice. GMP is an unofficial grey-market indicator; figures come from public sources (InvestorGain) and may be late or wrong. Not registered with or affiliated to SEBI, the exchanges, the registrars or InvestorGain.